£168,469
This estimated value is based upon the latest sale price for the house of £122,500 on 5 Feb 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near High Street
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Price Paid | Date |
---|---|
£122,500 | 5 Feb 2016 |
£54,000 | 9 Apr 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 sq feet |
This model uses changes in the Official Land Registry House Price Index for ISLE OF WIGHT to estimate the market value.
When this house was purchased in February 2016 the House Price Index for ISLE OF WIGHT was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £122,500 results in an estimated price of approximately £168,469.
5 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 149.7 | 37.526 % | £122,500 | £45,969 | £168,469 |
The Postcode Pricing Model uses changes in average sales price within the PO31 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 80.217 % | £98,266 | £220,766 |
3 Month Average | 48.158 % | £58,993 | £181,493 |
6 Month Average | 37.036 % | £45,369 | £167,869 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Mar 2024 | £194,996 | £192,000 | FLAT 1 16 HIGH STREET |
18 Oct 2023 | £1,314,863 | £1,285,000 | 1 ADMIRALS WHARF HIGH STREET |
6 Apr 2023 | £183,431 | £180,000 | GROUND FLOOR SHOP 110 HIGH STREET |
7 Jun 2022 | £326,990 | £320,000 | 9 CROWN COURT SUN HILL |
4 May 2022 | £292,623 | £285,000 | 118A HIGH STREET |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 15 Sep 2015. Using an estimated price of £168,469 means this house is valued at £3,917 per sq meter (£363 per sq foot).
The average size of a house on HIGH STREET is 78 sq meters (843 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Public order | Investigation complete; no suspect identified | On or near High Street |
May 2024 | Public order | Unable to prosecute suspect | On or near High Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Street |
Apr 2024 | Burglary | Awaiting court outcome | On or near High Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fountain Quay |